The Best Parcel Insurance on the Market 2024: Comparison and Advice

Introduction

When you ship parcels, you're always wondering what kind of insurance to choose. After all, it's crucial to choose insurance that offers total protection, a straightforward route and, above all, peace of mind. With so many offers available on the market, it's often difficult to know which one to choose, and we often think that only the carrier's insurance exists and is valid.

In this article, we'll compare the main insurance offers from international carriers, and highlight the points to bear in mind.

Points to bear in mind when choosing parcel insurance

1. Check coverage: Make sure your insurance covers the risks you're concerned about, as well as the types of items you're shipping. Some carriers exclude certain types of items, such as jewelry, watches or high-tech appliances. They know that these products transit through them, but refuse to transport and/or insure them.
2. Pay attention to Exclusions: Take the time to read your contract, and in particular the insurance exclusions. All insurance policies have limits, and your goods may well be affected. Certain types of goods are identified as being at risk by carriers and may be excluded from the conditions of carriage and/or the insurance offered.
3. Compare rates: Rates can vary considerably from one carrier to another, and are not necessarily linear. Compare rates for different insurance values to find the best deal.
4. Check Insurance Ceilings: Some carriers have insurance ceilings, which means they won't cover items above a certain value.

These 4 points should be studied before choosing a transport insurance policy, to make sure you're covered if need be.

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Comparison of major carriers

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Bid analysis

1. La Poste: La Poste offers insurance with a ceiling of €1,000, which can be limiting for high-value items. In short, rates can be considered relatively low, but coverage is restrictive and limiting.
2. DHL: DHL offers insurance with a maximum insured value of €100,000, the highest of any carrier. However, rates are also higher, with a minimum rate of €12 even for shipments of less than €1,000.
3. Chronopost: Chronopost offers insurance up to €5,000, which is higher than La Poste, but still limited. Rates are in line with those offered by other carriers, but be careful what you ship. Some items, such as jewelry and high-tech appliances, are excluded.
4. UPS: UPS offers a range of insurance policies through its partners, with a maximum insured value of €40,000 (or $50,000). Rates are competitive, but some items such as jewelry and collectibles are not insurable. Beware, however, of insurance rates for smaller amounts, as the minimum rate is €9.75.
5. FedEx: FedEx no longer offers insurance in 2024.

Why choose Claisy?

‍Aftercomparing the various contracts and value propositions, we can therefore observe that Claisy stands out for several advantages:

1. Competitive rates: Claisy stands out in this respect, offering competitive rates: a minimum rate of less than €1 and a rate of less than €75 for a value of €10,000.
2. Almost unlimited coverage: Claisy insures the essentials of the items being transported. By "essentials" we mean everything authorized by the carriers, as well as second-hand and reconditioned items, watches, jewelry, high-tech appliances, telephones and collectibles or items with expert appraisal values. If you still have any doubts, please check our Terms and Conditions or contact us directly. You'll see that we don't cover unprocessed raw materials or tobacco, for example.
3. Quick declaration and compensation: One of Claisy's main advantages is its rapid compensation process. In the event of loss or damage, Claisy quickly compensates you without even having to contact the carrier in most cases. This speed enables you to keep customer satisfaction at a high level and minimize disruption to your business.
4. Transparency: Claisy insurance is invisible on your parcel and to the carrier. It therefore attracts no unwanted attention.
5. Your Customer Satisfaction: By choosing Claisy, you guarantee a secure and satisfying delivery experience for you and your customers. Invisible protection for the carrier and the customer, but peace of mind for you and an unscathed customer experience every time. Claisy's comprehensive protection and rapid claims handling contribute to your customers' satisfaction and loyalty, even in the event of an incident during transport.

Conclusion

‍Whenyou're looking for the best parcel insurance on the market, it's important to compare offers and check the 4 main points of attention: coverage, exclusions, rates and insurance limits. These 4 criteria are recurrent, whatever the insurance you're looking for. Claisy has chosen to distinguish itself on these 5 points, adding the simplest customer experience on the market. Claisy's competitive rates, extensive coverage, rapid claims processing, straightforward customer experience and customer satisfaction are the keys to its success. By choosing Claisy, you minimize the risks associated with transport and maximize the security of your shipments, while offering your customers peace of mind.

Contact us today to find out more about our solution and protect your shipments and customer satisfaction.